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amount as possible? >> they get a big of a deal. we will do it in a long term. >> it is a 1 month extension of the debt ceiling compared to doing it until 2012. >>, the risk is that you lose credibility in the markets about your willingness to experience a few did that, it would be important to send signals somehow that you have a plan. >> better to do it now than ever did in 2213 than a month at a time? >> thank you. >> thank you. thank you. i just have one question. in view is the largest holder of our treasury debt? is it the chinese government? is it the chinese institution? >> they have a lot of it. >> the reserve holdings is there. >> effectively, it became our debts and not paying this. we would be paying the chinese central bank. it would a probably raise the debt ceiling. there is used for the deficits that we face. we are trying to do that. ironically, when you do this, the irony and the priority is to the chinese central bank. it is lower on the pecking order. it would practically be seniors and social security recipients. that is the reality. >> the hearing record will
with this question. tomorrow, at your turn 40 years old. what are your hopes for the future? >> there is a big future. that is a future where we are all able to freely communicate our hopes and dreams and the historical record is an item that is completely -- it could never be changed, deleted, modified. that is something is -- that is my lifelong quest to do. from that, justice lows. -- flows. most of us are reasonably intelligent. if we communicate with each other, organize, and know what is going 9, and that is pretty much what it is all about. in the short term, it is that my staff stopped hassling. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> the head of the national institute of health talks about science and innovation in the u.s.. the state department calls on the syrian government to withdraw troops. that briefing is later. in case you just missed it, wikileaks founder in a forum in london. >> on tomorrows "washington journal," we continue our discussion on federal spending and the national debt. after that, pe
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